Dearborn, MI--September 20, 2013: Global manufacturing helps Ford meet increasing demand for its new,
fuel-efficient vehicles in world markets Ford has now invested more than
C$2 billion in Canada in less than a decade Spending on Canadian-made auto
parts by Ford to increase approximately C$200 million a year, to a total of
nearly C$4 billion annually

Ford Motor Company, Canada’s top-selling automaker, is investing
C$700 million at its Oakville Assembly plant, securing more than 2,800 jobs
and expanding its manufacturing capability to meet surging global
demand.

“This investment is helping us find much needed capacity for
global products and securing jobs, and it is positioning Oakville as one of
the most competitive and important facilities in the Ford system,”
said Joe Hinrichs, president of The Americas, speaking from a ceremony at
the plant today. “Global fuel-efficient products, built in a
state-of-the-art facility, by a great workforce are a win for everyone
today.”

Hinrichs said Ford will bring several new global models to the plant,
helping to meet demand in North America and around the world by producing
vehicles with best-in-class quality, fuel efficiency, smart design and
value. He added that the company’s investment will mean its spending
on Canadian-made auto parts will increase by approximately C$200 million,
to a total of nearly C$4 billion annually.

The enhancements at Oakville Assembly are Ford’s latest step in
maximizing its existing North American manufacturing assets, matching
production to consumer demand as Ford’s North American sales surge to
pre-recession levels. Sales of the Oakville Assembly-produced Edge in the
United States – Edge’s biggest market – so far in 2013
are on pace to beat the prior record of 130,000 vehicles set in 2007.

The move to global manufacturing at the Oakville plant will enable Ford
to shift production based on consumer demand more quickly and efficiently.
The state-of-the-art facility will be able to align capacity of any one
vehicle with real demand for Ford customers in North America and all over
the world.

“If consumers suddenly shift their buying habits, we can
seamlessly change our production mix without having to idle a plant,”
said Hinrichs. “Flexible manufacturing enables us to get vehicles to
consumers faster than ever before. This is a great value proposition for
everyone.”

Ford currently utilizes nine global platforms around the world to build
about 85 per cent of its vehicles. Global manufacturing offers Ford the
opportunity to leverage commonality of components, design and build
processes to streamline its ability to produce high-quality vehicles and
accelerate production to meet growing consumer demand for Ford
products.

“Ford’s investment demonstrates Canada can be competitive in
the global market through strategic partnerships,” said Dianne Craig,
president and CEO, Ford of Canada. “Working closely with government
and labour, we have secured a bright future for our employees at Oakville
Assembly.”

As part of the investment, Ford will also be increasing its
sustainability and fuel efficiency research and development capacity in
Ontario, including supporting studies in vehicle light-weighting, the
reduction of stationary emissions from industrial facilities, and research
into advanced engine development at Ford’s powertrain research
facilities in Windsor.

With today’s announcement, Ford has now invested more than C$2
billion in Canada in less than a decade. In 2004, Ford announced a C$1
billion investment for Oakville Assembly to introduce flexible
manufacturing to the facility. In 2010, the company announced a C$590
million investment for Essex Engine Plant in Windsor.

Investment in auto manufacturing directly benefits the Canadian economy.
It is estimated every auto job generates up to 10 supporting jobs.

Work on the transformation at Oakville Assembly is already under way. It
is expected to be completed by fall 2014.

“This is an incredible year for Oakville Assembly,” said
Will Cowell, plant manager, Oakville Assembly. “We are celebrating
the plant’s 60th anniversary and we passed the

one-million mark in Ford Edge production. We look forward to continuing
to celebrate many more milestones and to building quality vehicles with
passion and excellence for years to come.”